10.
Manufacture, repair, stockpiling and/or distribution of biological,
chemical
and radiological weapons and anti-personal mines (Various treaties to
which
the Philippines is a signatory and conventions supported by the
Philippines)
3

11.
Manufacture of firecrackers and other pyrotechnic devices (Sec. 5 of R.A.
7183)

1
This is limited to Filipino citizens save in cases prescribed by law

2
Full foreign participation is allowed for retail trade enterprises: (a)
with paid-up capital of US$2,500,000 or more provided that investments
for establishing a store is not less than US$830,000; or (b)
specializing
in high end or luxury products, provided that the paid-up capital per
store
is not less than US$250,000 (Sec. 5 of R.A. 9762)

3
Domestic investments are also prohibited (Art II, Sec. 8 of the Constitution;
Conventions/Treaties to which the Philippines is a signatory)

4Full
foreign participation is allowed through financial or technical
assistance
agreement with the President Art. XII, Sec. 2 of the Constitution)

5
Full foreign participation is allowed provided that within the 30-year
period from start of operation, the foreign investor shall divest a
minimum
of 60 percent of their equity to Filipino citizens (Sec. 5 of P.D. 194;
NFA Council Resolution No. 193 s. 1998)

6
No foreign national may be allowed to own stock in financing companies
or investment houses unless the country of which he is a national
accords
the same reciprocal rights to Filipinos (Sec. 6 of R.A. 5980 as amended
by R.A. 8556;
P.D. 129 as amended by R.A.
8366)